Productivity Growth and Biased Technological Change in UK Airports
AbstractIn this paper we estimate the total factor productivity of UK airports using a Malmquist index. Productivity change is factored into an index of efficiency change and an index of technological change. Technological change is further decomposed into indexes that measure the bias in the production of outputs, the bias in the employment of inputs, and the magnitude of the shift in the production frontier. Airports are ranked according to their productivity change for the period 2000-2005. The majority of UK airports did not improve their efficiency during the period. Economic implications are derived.
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Bibliographic InfoPaper provided by ISEG - School of Economics and Management, Department of Economics, University of Lisbon in its series Working Papers Department of Economics with number 2008/37.
Date of creation: Jul 2008
Date of revision:
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Postal: Department of Economics, ISEG - School of Economics and Management, University of Lisbon, Rua do Quelhas 6, 1200-781 LISBON, PORTUGAL
Web page: https://aquila1.iseg.ulisboa.pt/aquila/departamentos/EC
UK airports; productivity growth; biased technological change; policy implications;
Other versions of this item:
- Barros, Carlos Pestana & Weber, William L., 2009. "Productivity growth and biased technological change in UK airports," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 45(4), pages 642-653, July.
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- Voltes-Dorta, Augusto & Lei, Zheng, 2013. "The impact of airline differentiation on marginal cost pricing at UK airports," Transportation Research Part A: Policy and Practice, Elsevier, vol. 55(C), pages 72-88.
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- Gitto, Simone & Mancuso, Paolo, 2012. "Bootstrapping the Malmquist indexes for Italian airports," International Journal of Production Economics, Elsevier, vol. 135(1), pages 403-411.
- Gitto, Simone & Mancuso, Paolo, 2009. "Productivity change in Italian airports," MPRA Paper 34367, University Library of Munich, Germany.
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